Home Sales
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How high will home prices get in 2025? Depends where you liveIf the Bank of Canada signals the policy rate may have settled at the bottom, CREA said that could set up a wave of activity in the already traditionally busy spring market.MoneyJan 15
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Calgary home sales down in December but still above long-term trends: CREBThe Calgary Real Estate Board says 1,322 homes changed hands last month.EconomyJan 3
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New U.S. home sales have rebounded, but will the jump last?The average 30-year fixed-rate mortgage rose to 6.72 per cent last week after falling to 6.60 per cent in the prior week, mortgage finance agency Freddie Mac data showed.ConsumerDec 23, 2024
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Supply gains drive home sales increase in Calgary as benchmark price up 3.5%: CREBThe benchmark price across all home types was $587,900 for November.EconomyDec 3, 2024
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Stagnant housing market prompts CREA to trim 2024 outlookThe Canadian Real Estate Association said Tuesday it now thinks the national housing market will remain in 'more of a holding pattern' until next spring.EconomyOct 15, 2024
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Montreal home sales rise 18 per cent in September from last yearThe Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 18 per cent in September from last year.EconomyOct 3, 2024
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Despite rate cuts, home sales stuck in ‘holding pattern’ over summer: CREAHome sales rose again in August but the national housing market was not shocked to life by the start of the Bank of Canada's interest rate easing cycle, according to CREA.MoneySep 16, 2024
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Fall housing market could be ripe for 1st-time buyers. Here’s whyFalling interest rates are setting the stage for a stronger autumn real estate market, experts say. But some also caution that prices may still decline in certain segements.MoneySep 7, 2024
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Toronto-area home sales decline in August, but rate cut could spur activity: boardThe Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.CanadaSep 5, 2024
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Should Canada ditch the mortgage stress test? What experts are sayingBefore someone borrows money from a federally regulated lender, like a bank, they need to prove they can afford payments at a qualifying rate. This is called a 'stress test.'MoneyAug 16, 2024
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